SBV faces tricky juggling act

SBV faces tricky juggling act

Christian Kamm, president of Kamm Investment, asks whether the State Bank’s dollarisation blitz can help get the gold market in order.  
Ha Long Bay boat accommodation, tour prices announced

Ha Long Bay boat accommodation, tour prices announced

The Department of Finance of northern Quang Ninh province has posted prices of boat tours and boat accommodation for visitors to Ha Long Bay.
Nation records 5.03 pct GDP growth, single digit CPI

Nation records 5.03 pct GDP growth, single digit CPI

Vietnam recorded a Gross Domestic Product (GDP) growth rate of 5.03 per cent in 2012, announced the General Statistics Office (GSO) in a press briefing in Hanoi on December 24.
Gold hits 2-month high on US presidential election’s developments

Gold hits 2-month high on US presidential election’s developments

The local gold price has increased VND550,000 ($26.4) a tael day-on-day following the global trend with a weakening US dollar given the outcome of today’s US presidential election.
Shining a light on the gold price conundrum

Shining a light on the gold price conundrum

The domestic market bullion price has far outpaced the world market in recent months on the back of an undersupply, especially when banks have tremendous demands for the yellow metal to balance their gold position.
Vietnam - a competitive market for infant formula products

Vietnam - a competitive market for infant formula products

On October 17, the Central Institute of Economic Management (CIEM) officially released a research study on the Competitive Landscape of the Market for Infant Formula Products for children between 0-12 months in Vietnam during 2009-2011, undertaken by the Consumer Unity & Trust Society (CUTS International).
Vietnam’s real estate market faces fierce competition

Vietnam’s real estate market faces fierce competition

The Hoang Anh Gia Lai Joint Stock Company (HAG) disclosed on October 5 that approximately 100 apartments had been subscribed by customers after only two days of their announcement to sell condominiums at the Thanh Binh complex at discount rates.
Addressing ambiguous land law issues

Addressing ambiguous land law issues

Despite rising interest in property development in Vietnam, foreign investors have repeatedly complained about ambiguous laws governing the sector.
Land-pricing to help clear land

Land-pricing to help clear land

A new land-pricing mechanism will help accelerate site clearance for investment projects and abate ever-rising land complaints, authorities say.
SJC reprocesses 45,000 taels of gold

SJC reprocesses 45,000 taels of gold

Saigon Jewelry Holding Co. (SJC) finished reprocessing over 45,000 taels of deformed gold bars on Monday, replenishing gold supply in the market, said a senior executive from SJC.
Gas prices surge, fuel prices to follow suit

Gas prices surge, fuel prices to follow suit

Cooking gas retail prices will pick up by more than VND50,000 per 12-kilo container on Wednesday after four months of constant price drops, while fuel wholesalers have proposed a price hike.
Fuel prices to go up by VND1,000 per litre

Fuel prices to go up by VND1,000 per litre

The retail prices of petroleum products are expected to rise by some VND1,000 a litre today, Wednesday, said a senior state official.
Rubber firms bend with downtimes

Rubber firms bend with downtimes

Natural rubber firms are suffering a downtrend in rubber prices, but tyre-makers are loving it.
CPI continues to dip, posts second consecutive fall

CPI continues to dip, posts second consecutive fall

Vietnam’s consumer price index (CPI) in July continued to post a negative growth rate of 0.29 per cent, the second drop in a row, according to the General Statistics Office of Vietnam (GSO).
Players search for the bottom

Players search for the bottom

It all happened early 2011, when secondary condominium prices in Hanoi started to go down by a small amount at first, and then by as large as 6 per cent on average quarter on quarter.
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